NOT LISTED FOR SALE

1038 Magnolia Ln Gulf Breeze, FL 32563

Estimated Value: $487,471 - $571,000

3 Beds
2 Baths
1,616 Sq Ft
$329/Sq Ft Est. Value

Last Sold May 27, 2022

Last sale price $499,000 $309 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,204/month

5 Days on Market

Highlights

  • Water Views
  • Updated Kitchen
  • Granite Countertops
  • Oriole Beach Elementary School Rated A-
  • Contemporary Architecture
  • Balcony

About This Home

As of May 2022

COMPLETELY RENOVATED home in Santa Rosa Shores. Location is key for this great waterview home with a brand new 52' x 8' Deck. Public boat launch is 1/4 mile away.... Tiger Point Golf Course is 1 mile away. Oriole Beach Elementary school is 1.1 miles away. This is an intimate community that has warm salty breezes ... natural landscape...and Island feel. 75K of remodeled features include New Roof...water heater...kitchen .... flooring...fireplace ... paint... and so much more. (see list in documents). Southern view boasts 4 sliding glass doors to capture the water & nature from every room. Covered car port can house several vehicles including a boat. A perfect location for Air BNB or the investor as well as a single family residence.

Last Agent to Sell the Property

Rachel McLarty

Levin Rinke Realty Listed on: 03/28/2022

Levin Rinke Realty

Co-Listed By

KAREN JURKOWICH

Levin Rinke Realty

Last Buyer's Agent

Claire Montgomery

Real Broker, LLC

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,595

Year Built

  • Built in 1981

Lot Details

  • 0.31

HOA Fees

  • $3 Monthly HOA Fees

Property Views

  • Water Views
  • Views of a Sound

Home Design

  • Contemporary Architecture
  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,616 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace
  • Combination Kitchen and Dining Room
  • Storage
  • Inside Utility
  • Fire and Smoke Detector

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • 3 Carport Spaces

Schools

  • Oriole Beach Elementary School
  • Gulf Breeze Middle School
  • Gulf Breeze High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Balcony
  • 0.31 Acre Lot

Community Details

  • Santa Rosa Shores Subdivision

Listing and Financial Details

  • Assessor Parcel Number 322S284760006000070

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,595

Year Built

Built in 1981

Lot Details

0

HOA Fees

$3 per month

Listing Details

  • Stories: 2
  • Parcel Number: 322S284760006000070
  • Property Type: Residential
  • Year Built: 1981
  • Electric: Copper Wiring
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.31
  • Co List Office Mls Id: LRRR02
  • Co List Office Phone: 850-916-5050
  • Subdivision Name: Santa Rosa Shores
  • Directions: East on HWY 98 ... take a right on Oriole Beach Rd 191A ... follow to Bay St take a left... Rt on Laurel... Rt on Magnolia... house on the left
  • Architectural Style: Contemporary
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: Appliances
  • Property Attached Yn: No
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Dryer, Washer, Built In Microwave, Dishwasher, Refrigerator, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Appliances
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: See Remarks
  • Interior Amenities: Storage, Ceiling Fan(s)
  • Living Area: 1616
  • Bedroom/Bathroom Features: Remodeled
  • Dining Room Features: Breakfast Bar, Kitchen/Dining Combo
  • Master Bedroom Master Bedroom Level: First
  • Master Bedroom Master Bedroom Width: 17
  • Master Bedroom Features: Ceiling Fan(s)
  • Room Kitchen Features: Remodeled, Granite Counters
  • Room Kitchen Area: 190
  • Room Master Bedroom Area: 221
  • Master Bathroom Features: Soaking Tub

Exterior Features

  • Roof: Metal
  • Lot Features: Central Access
  • Pool Features: None
  • View: Sound, Water
  • View: Yes
  • Construction Type: Frame
  • Exterior Features: Balcony
  • Foundation Details: Pillar/Post/Pier
  • Property Condition: Resale

Garage/Parking

  • Carport Spaces: 3
  • Covered Parking Spaces: 3
  • Parking Features: 3 Car Carport
  • Total Parking Spaces: 3

Utilities

  • Heating: Central, Fireplace(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Sewer: Public Sewer
  • Laundry Features: Inside
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 35
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Oriole Beach
  • High School: Gulf Breeze
  • Middle Or Junior School: Gulf Breeze

Lot Info

  • Lot Size Sq Ft: 13503.6
  • Zoning Description: Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 4, 2023
Sold by
Elder Alan and Elder Diane
Bought by
Elder Revocable Trust
Current Estimated Value
$531,618

Purchase Details

Listed on
Mar 28, 2022
Closed on
May 27, 2022
Sold by
Lindsey Meeks Jr Morris
Bought by
Elder Alan and Elder Diane
Seller's Agent
Rachel McLarty
Levin Rinke Realty
Buyer's Agent
Claire Montgomery
Real Broker, LLC
List Price
$499,000
Sold Price
$499,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.90%
Original Mortgage
$399,200
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2004
Sold by
Brock H Jack
Bought by
Meeks Morris Lindsey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,500
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 2003
Sold by
Hensor Richard S and Hensor Jamie N
Bought by
Brock H Jack

Purchase Details

Closed on
Oct 31, 1997
Sold by
Knudsen Steen M
Bought by
Hensor Richard S and Hoyt Jamie N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,650
Interest Rate
7.31%

Purchase Details

Closed on
Oct 1, 1997
Sold by
Davis Claud Grover and Hoyt Jakie N
Bought by
Moore Laurie Pugh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,650
Interest Rate
7.31%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Elder Revocable Trust $100 --
Elder Alan $499,000 Schultzlaw Group Pllc
Meeks Morris Lindsey $185,000 Southern Guaranty Title Co
Brock H Jack $120,000 --
Hensor Richard S $96,500 --
Moore Laurie Pugh -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elder Alan $399,200
Previous Owner Meeks Morris Lindsey $129,500
Previous Owner Hensor Richard S $91,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2022 05/27/22 Sold $499,000 0.0% $309 / Sq Ft
04/06/2022 04/06/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $499,000 -- $309 / Sq Ft
Source: Pensacola Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,595 $364,453 $80,000 $284,453
2023 $4,595 $367,452 $75,000 $292,452
2022 $2,616 $212,882 $75,000 $137,882
2021 $2,388 $186,332 $60,000 $126,332
2020 $1,979 $137,744 $0 $0
2019 $1,830 $129,439 $0 $0
2018 $1,678 $115,917 $0 $0
2017 $1,529 $104,629 $0 $0
2016 $1,393 $94,002 $0 $0
2015 $1,370 $90,824 $0 $0
2014 $1,408 $91,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 605982

Pensacola Association of REALTORS®

APN: 32-2S-28-4760-00600-0070